recession - definition in the American English Dictionary - Cambridge Dictionaries Online (US)

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English definition of “recession”

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recession

noun [C/U]  us   /rɪˈseʃ·ən/
social studies a period when the economy of a country is not doing well, industrial production and business activity are at a low level, and there are many people unemployed: [U] The country is mired in recession. [C] The Japanese economy is experiencing its worst recession in 20 years.
Translations of “recession”
in Vietnamese tình trạng suy thoái…
in Spanish recesión…
in Thai การตกต่ำทางเศรษฐกิจ…
in Malaysian kemelesetan ekonomi…
in French récession…
in German die Rezession…
in Chinese (Traditional) (經濟)衰退期…
in Indonesian resesi…
in Russian спад, рецессия…
in Turkish ekonomide durgunluk/gerileme…
in Chinese (Simplified) (经济)衰退期…
in Polish recesja…
(Definition of recession from the Cambridge Academic Content Dictionary © Cambridge University Press)
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